Market Overview
Home Prices in Gillsville, GA
The median home value in Gillsville, GA is $332,588 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 0% compared to a year ago and up 0.7% from two years prior.
Compared to the U.S. national median of $410,000, homes in Gillsville are priced19% below average. Gillsville is part of the Gainesville, GA metro area.
Over the past five years, Gillsville home values have risen by approximately39.1%, reflecting strong long-term appreciation in this market.
Price History
Gillsville Home Price Trend
City Comparison
Gillsville vs. National Median
At $332,588, homes in Gillsville cost 19% below the national median of $410,000. This makes Gillsville a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Gillsville?
20% Down Payment
$66,518
on $332,588
Monthly P&I
$1,735/mo
30-yr @ 6.8%
Total Monthly Est.
~$2,203/mo
incl. taxes & insurance
Income Needed
$88,120
gross annual (30% rule)
10% Down Option
$33,259
+ PMI applies
Loan Amount (20% dn)
$266,070
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Gillsville, GA?
The median home value in Gillsville is $332,588 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 0% year-over-year.
How much have home prices changed in Gillsville?
Over the past year, home values in Gillsville have increased by 0%. Over five years, prices have risen approximately 39.1%.
How much do I need to earn to buy a home in Gillsville?
To comfortably afford the median home price of $332,588 with a 20% down payment ($66,518) at today's rates (6.8%), you'd need a gross annual income of approximately $88,120. This assumes keeping total housing costs at or below 30% of gross income.
How does Gillsville compare to the national average home price?
The national median home value is approximately $410,000. At $332,588, homes in Gillsville are 19% below the national average.
What metro area is Gillsville part of?
Gillsville is part of the Gainesville, GA metropolitan area. Home prices and market conditions can vary across the broader metro region.